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Refiner Phillips 66 forecasts lower spending in 2024

(Reuters) – U.S. refiner Phillips 66 forecast lower spending in 2024 on Friday, days after Elliott Investment Management sought a revamp of its board to boost lagging performance. In November, the activist…
December 8, 2023

US wholesale inventories revised lower in October

WASHINGTON (Reuters) – U.S. wholesale inventories fell more than initially estimated in October, suggesting that inventory investment could be a drag on economic growth this quarter. The Commerce Department’s Census Bureau said…
December 7, 2023

Elderly Woman Found Deceased in Lower Pottsgrove Home

LOWER POTTSGROVE, PA – An 85-year-old woman, Margaret Seltmann, was found deceased in her North Keim Street residence, prompting an investigation by Lower Pottsgrove Township Police and Montgomery County Detectives. The discovery…
November 30, 2023

Thailand to lower 2023 growth forecast after weak Q3

BANGKOK (Reuters) – Thailand’s previous 2023 economic growth forecast of 2.7% will be lowered after a weaker-than-expected third quarter, Deputy Finance Minister Krisada Chinavicharana said on Monday. Southeast Asia’s second-largest economy expanded…
November 27, 2023

Ford reports lower US vehicle sales in October

(Reuters) – Ford reported a 5.3% drop in total U.S. vehicle sales in October against the backdrop of the recent United Auto Workers (UAW) union strike at some of its facilities. The…
November 2, 2023

Lower prices, oversupply to weigh on lithium miners

By Arunima Kumar (Reuters) – Albemarle Corp, the world’s largest producer of lithium, is expected to report lower quarterly profit as prices of the silvery-white metal came under pressure due to concerns…
October 30, 2023
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